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Assignment 2 – Task 2 Unit 1
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Business Report You need to now present your business idea which you selected in your last assignment. This needs to be done as a professional report to various investors to secure the money needed to launch the business. The investors will want to see that you have a realistic business model and there is evidence that the business model and format will help your start-up to be successful.
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Your report needs to include:
The revenue and costs The business name Service/product offered Whether you will make or buy any products The format of the business The aims and objectives
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Cont..... The customer market and market research to support this
Channel (how customers will buy your product or service) Sources of finance and start-up costs The stakeholders and their influence Sources of advice and support
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Cont..... Finally, you will need to explain how the format and the business model will help make the business successful and provide supporting evidence. The explanation must include how the business fills a gap in the market and how you will reach your target customers. Include evidence to back up your statements and explain how the evidence supports your business idea.
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